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SVTPerformance's Chain of Restaurants
Road Side Pub
Hang in there Texas
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<blockquote data-quote="Sinister04L" data-source="post: 16582844" data-attributes="member: 8435"><p>It's not as widespread as the media is making it out to be with their sensationalist headlines. There is one company in particular that sells electricity wholesale to customers. They charge a $10/mo fee and the electricity is at the wholesale price. The price is the price, depending on what the provider can get the electricity for on the open market. 99% of the time it's very cheap because the grid is mostly stable. When shit hit the fan and power generators went down simple economics drove the price through the roof because of the huge demand and limited supply. Now those people are facing enormous bills. On one hand I feel bad for them because people shouldn't have to pay that much money for a utility, but on the other hand they are the ones that took the gamble because 99% of the time it's a cheaper option.</p></blockquote><p></p>
[QUOTE="Sinister04L, post: 16582844, member: 8435"] It's not as widespread as the media is making it out to be with their sensationalist headlines. There is one company in particular that sells electricity wholesale to customers. They charge a $10/mo fee and the electricity is at the wholesale price. The price is the price, depending on what the provider can get the electricity for on the open market. 99% of the time it's very cheap because the grid is mostly stable. When shit hit the fan and power generators went down simple economics drove the price through the roof because of the huge demand and limited supply. Now those people are facing enormous bills. On one hand I feel bad for them because people shouldn't have to pay that much money for a utility, but on the other hand they are the ones that took the gamble because 99% of the time it's a cheaper option. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Hang in there Texas
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